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Informational Advantage in US Treasury Auctions
Tchuindjo, Leonard - 2019
We extend Wilson (1979) share auction framework to model the uniform-price US Treasury auction as a two-stage multiple … its bidding behavior in handling the risk of being short-squeezed or face the winner curse in the post-auction market …
Persistent link: https://www.econbiz.de/10012893365
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Split-Award Procurement Auctions with Uncertain Scale Economies : Theory and Data
Anton, James J. - 2010
In a number of observed procurements, the buyer has employed an auction format that allows for a split-award outcome …-award format relative to a winner-take-all unit auction format. Model predictions are assessed with data on submitted ‘step …
Persistent link: https://www.econbiz.de/10013144802
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Microeconomic models with latent variables : applications of measurement error models in empirical industrial organization and labor economics
Hu, Yingyao - 2015
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
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The price of inattention : evidence from the Swedish housing market
Repetto, Luca; Solis, Alex - 2017 - This Version: September 27, 2017
auction. This effect appears not to be driven by i) differences in observable characteristics; ii) differences in real estate …
Persistent link: https://www.econbiz.de/10011756510
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Disaggregate matching functions
Fahr, René; Sunde, Uwe - 2001
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of … the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is …
Persistent link: https://www.econbiz.de/10001612738
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Disaggregate matching functions
Fahr, René; Sunde, Uwe - 2001
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of … the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is …
Persistent link: https://www.econbiz.de/10011403040
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Firm wages in a frictional labor market
Rudanko, Leena - 2018
This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay equally productive workers the same. The policy reduces wages, due to the influence of firms’ existing workers on their wage setting problem, increasing the profitability...
Persistent link: https://www.econbiz.de/10011971300
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The effect of search frictions on wages
Berg, Gerard J. van den; Vuuren, Aico van - 2005
explanations for) positive assortative matching. …
Persistent link: https://www.econbiz.de/10011349215
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Disaggregate Matching Functions
Fahr, René; Sunde, Uwe - 2021
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of … the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is …
Persistent link: https://www.econbiz.de/10013320863
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Comparing open and sealed bid auctions : theory and evidence from timber auctions
Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004
Persistent link: https://www.econbiz.de/10002994053